Carbon Pulse

A state-owned agricultural company in Taiwan has decided to tap into the carbon farming sector, as the government seeks to assess the potential of soil carbon across the island as part of a national climate strategy.

Australian gas company Santos’ Barossa project is expected to have a significant impact on medium- term Australian Carbon Credit Units (ACCU) supply and demand dynamics, given that it will be unlikely to get its CCS element up and running until the late 2020s or the 2030s, according to analysts.

The stockpile of privately held NZUs has fallen by some 900,000 units as speculators decrease their holdings of units, according to government figures.

A daily summary of our news plus bite-sized updates from around the world.

Quebec’s initial free allowance distribution for 2024 regressed slightly from the previous year, even as the number of industrial cap-and-trade emitters receiving allocation increased, according to data published Monday by the province's environmental ministry.

Forests in the western US are absorbing less CO2 due to more severe climate change impacts, while those on the eastern side of the country are growing slightly faster thanks to more favourable conditions, scientists have found.

Accounting for Nature (AFN) has partnered with an Australian technology solutions firm to develop digital infrastructure linking environmental improvements to eligible carbon credits, they announced Tuesday.

A US west coast power producer was unsuccessful in its attempt to cover the cost of compliance with Washington’s Climate Commitment Act (CCA) through a rate increase for Wyoming consumers, in a decision by state utility regulators in January.

A new bill to curb predator control used to support grouse shooting and the practice of muirburn on Scottish moorland could lead landowners to switch to activities that produce carbon or biodiversity credits as alternative income sources.

The European Commission should grab the opportunity to propose the EU's 2040 climate target by approaching an upcoming deadline as an economic and security choice, a pan-European think tank has said ahead of the release expected in a few weeks.

Shell’s ongoing retirement spree and signs of a REDD revival for fresh vintage credits dominated voluntary carbon market activity over the past week.

Climate action in the EU is still underreported, especially information that goes beyond pure emissions data to provide insights on longer term trends, a report showed on Monday.

The Polish government will have to tackle powerful coal unions and appease an uncooperative president in order to follow through on intentions to set an end date for coal and target climate neutrality by 2050, according to experts.

Around 10 biodiversity credit project managers have expressed interest in selling units via an online marketplace, following the listing of credits from a company with South American sites, Carbon Pulse has learned.

Carbon dioxide removal (CDR) technologies face significant barriers to scale, such as upfront capital needs and vastly different permanence and storage potential across activity types, but would grow with supportive policies for integration into carbon markets, according to a recent report commissioned by the Swedish government.

Spanish ports may be buoyed after Algerian banks put an embargo on support for the transshipment of goods through Moroccan ports, countering the dampening effect Spain was expected to see from the extension of the EU ETS to shipping.

Applying artificial intelligence (AI) at a coal-fired power station could help capture 17% more carbon dioxide while reducing energy use by 36%, according to research published Monday.

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A Libyan oil firm will embark on a reforestation initiative in the first quarter of 2024, aiming to plant one million trees and remove 10 MtCO2 once the programme is complete, it said over the weekend.

Carbon Pulse has grown its European management team with two new hires and an internal promotion, as the company prepares for the departure of one of its co-founders.